Luxembourg: Photo Camera Market 2025

Photo Camera Market Size in Luxembourg

The Luxembourg photo camera market expanded notably to $X in 2022, with an increase of 6.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a prominent expansion. Photo camera consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Photo Camera Exports

Exports from Luxembourg

In 2022, shipments abroad of photographic (other than cinematographic) cameras was finally on the rise to reach X units after three years of decline. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 with an increase of 6,009% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, photo camera exports soared to $X in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 138% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Switzerland (X units) was the main destination for photo camera exports from Luxembourg, accounting for a 64% share of total exports. Moreover, photo camera exports to Switzerland exceeded the volume sent to the second major destination, Germany (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland stood at +138.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+21.9% per year) and the United States (+59.6% per year).

In value terms, Belgium ($X) remains the key foreign market for photographic (other than cinematographic) cameras exports from Luxembourg, comprising 52% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 10% share of total exports. It was followed by France, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value to Belgium totaled +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+57.8% per year) and France (+116.2% per year).

Export Prices by Country

In 2022, the average photo camera export price amounted to $X per unit, shrinking by -42.5% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 392% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Photo Camera Imports

Imports into Luxembourg

In 2022, overseas purchases of photographic (other than cinematographic) cameras increased by 18% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by 153% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, photo camera imports surged to $X in 2022. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 193% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of photo camera imports to Luxembourg, with a combined 59% share of total imports. Taiwan (Chinese), France, Japan, Poland, China and the Czech Republic lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +144.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the largest photo camera suppliers to Luxembourg, together accounting for 64% of total imports. Japan, Taiwan (Chinese), France, Poland, China and the Czech Republic lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +115.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average photo camera import price amounted to $X per unit, declining by -2.8% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 an increase of 51%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :